Titlebook: Business Statistics for Competitive Advantage with Excel and JMP ; Basics, Model Buildi Cynthia Fraser Textbook 2024 The Editor(s) (if appl

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https://doi.org/10.1007/978-3-642-75404-3In many cases, trends (and other responses) are not constant over time periods. To accommodate nonlinear response, variables can be rescaled to produce valid models with superior fit. An example will be offered in the context of trend models built for forecasting.

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Analytics for Description,All analytics begin with data. The type of analytics depends on the type of data. In this chapter, we look at types of data, ways to display data graphically, and means to describe data.

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Finance Application: Portfolio Analysis with a Market Index as a Leading Indicator in Simple LinearSimple linear regression of stock rates of return with a Market index provides an estimate of ., a measure of Market specific risk, which is central to finance investment theory.

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